Within the information launch, Kinterra Expands U.S. Copper Platform by Finishing the Acquisition of the Antler Copper Challenge, issued 27-Oct-2025 by Kinterra Capital Corp over PR Newswire, we’re suggested by the corporate that within the fifth paragraph, the primary line ought to learn “With a median grade of three.8% copper equal” somewhat than “With a median grade of three.8% copper” as initially issued inadvertently. The entire, corrected launch follows:
Kinterra Expands U.S. Copper Platform by Finishing the Acquisition of the Antler Copper Challenge
Initiates Evaluation of Leach Applied sciences to Complement U.S. Copper Manufacturing
Kinterra Capital Corp. (“Kinterra”) immediately introduced it has expanded its U.S. copper platform by finishing the acquisition of 100% of the issued and excellent shares of ASX-listed New World Sources Ltd (ASX: NWC,OTC:NWCBF) (“New World”) and its flagship Antler Copper Challenge (“Antler”) in Arizona.
“Together with Antler, Kinterra now controls roughly 175,000 tonnes of annual copper manufacturing capability throughout its U.S. portfolio — from Antler in Arizona, White Pine in Michigan and Pumpkin Hole and the adjoining Southwest Open Pit in Nevada,” mentioned Cheryl Brandon, Co-Managing Associate at Kinterra. “This acquisition strengthens our function as a cornerstone contributor to America’s copper trade. Our technique expects to ship a safe supply of copper provide into the ability grid, clear power industries, and expertise purposes.”
Kinterra acquired New World by means of obligatory acquisition commenced on August 14, 2025, after securing greater than 90% of New World’s shares below its takeover bid, in accordance with Australia’s Companies Act 2001 (Cth). The overall consideration for the transaction is roughly US$160 million.
New World owns Antler, a past-producing, high-grade underground copper asset in western Arizona, in addition to two copper exploration tasks in Arizona and New Mexico. Situated in one of the crucial established copper jurisdictions on this planet, Antler advantages from robust infrastructure, a talented mining workforce, and supportive coverage frameworks for home important minerals improvement.
“With a median grade of three.8% copper equal, Antler ranks among the many highest-grade underground copper improvement tasks globally, practically six occasions the worldwide improvement common,” mentioned Kamal Toor, Co-Managing Associate at Kinterra. “Its mixture of remarkable grade, capital effectivity and strategic location makes it able to materially contributing to near-term U.S. copper provide.”
The U.S. Administration has made safe and diversified mineral provide chains a nationwide precedence. Impartial analyses by the IEA and S&P World forecast a structural copper deficit by means of the 2030s with out accelerated mine improvement and new refining capability. At this time, the U.S. imports practically a million tonnes of refined copper yearly—roughly half of its consumption—highlighting the strategic significance of growing high-grade home sources akin to Antler.
Kinterra Launches Evaluation of Sulphide Leach Applied sciences to Advance Home Copper Cathode Manufacturing
Kinterra has additionally initiated the analysis and improvement of sulphide leach processing applied sciences geared toward enabling home copper cathode manufacturing throughout its U.S. portfolio. The initiative will consider the appliance of established strategies able to changing sulphide ores straight into refined copper throughout its United States copper portfolio.
“Kinterra is working to assist form a balanced home processing technique — one which aligns industrial coverage with market competitiveness,” continued Mr. Toor. “By assessing next-generation leach applied sciences, we intend to unlock worth from our useful resource base and preserve extra of the copper worth chain within the U.S.”
Early engagement with main expertise builders is underway, with preliminary testing and pilot plans anticipated in early 2026.
About Kinterra Capital
Kinterra Capital is a non-public fairness agency that invests within the individuals, concepts, important supplies, and strategic infrastructure essential to speed up the event of the fashionable economic system. With practically 20 years of mining funding expertise, Kinterra leverages vital area particular technical and transactional experience to supply and handle investments that create worth for its stakeholders, all whereas supporting the communities inside which we function by means of significant partnerships. At Kinterra, we concentrate on artistic ideation, rigorous evaluation and executing with excellence to make investments that may create sustainable, robust and safe provide chains. For extra details about Kinterra Capital, please go to www.kinterracapital.com.
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SOURCE Kinterra Capital Corp
